Retirement plan

KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN

Name: KENMORE AIR HARBOR, INC. - KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: KENMORE AIR HARBOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN, KENMORE AIR HARBOR, INC.

KENMORE AIR HARBOR, INC.EIN 91-0525776Plan #001PY 2016

6321 NE 175TH STREET - KENMORE, WA 980280064425-482-2237kenmoreairharbor.comLinkedIn51-200 employeesairlines/aviation

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.6M

No prior year

Total participants

110

No prior year

Average account balance

$64,789

No prior year

Annual return

6.74%

No prior year

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.70M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$126K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$741K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.35%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$10551

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP2+ years Filed as: KIBBLE & PRENTICE HOLDING COMPANY Service code 15 · EIN 91-1176315 601 UNION STREET · SEATTLE, WA 98101	Recordkeeping	$17,443
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK & TRUST CO.. Service code 19	Securities Custodian	$1,271
CHARLES SCHWAB & CO., INC.2+ years Service code 18 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Custodial (other than securities); Sh...	$0
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK/TRUST CO. Service code 18 · EIN 42-1558009 211 MAIN STREET · SAN FRANCISCO, CA 94105	Shareholder servicing fees; Float rev...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$17K

$196 / participant

Investment mgmt$17K94.8%
Contract admin$9005.2%

% of EOY assets

0.309%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PETERSON SULLIVAN
Auditor EIN: 910605875
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,789

$47,944+35.1%

$67,834-4.5%

$62,881+3.0%

Participation rate

74.2%

61.1%+13.1pp

68.8%+5.4pp

69.3%+4.9pp

Annual return

6.74%

11.77%-5.0pp

138.47%-131.7pp

20.14%-13.4pp

Employer contribution / active EE

$1,008

$1,562-35.5%

$2,403-58.1%

$2,281-55.8%

Participant deferral / active EE

$2,322

$2,247+3.3%

$3,160-26.5%

$3,203-27.5%

Admin fee / account holder

$200

$3,712-94.6%

$4,622-95.7%

$4,296-95.3%

Provider

Service type

Compensation

USI CONSULTING GROUP2+ years

Filed as: KIBBLE & PRENTICE HOLDING COMPANY

Service code 15 · EIN 91-1176315

601 UNION STREET · SEATTLE, WA 98101

Recordkeeping

$17,443

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB BANK & TRUST CO..

Service code 19

Securities Custodian

$1,271

CHARLES SCHWAB & CO., INC.2+ years

Service code 18 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Custodial (other than securities); Sh...

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK/TRUST CO.

Service code 18 · EIN 42-1558009

211 MAIN STREET · SAN FRANCISCO, CA 94105

Shareholder servicing fees; Float rev...

KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion